As in so many industries, cloud technology, with all its inherent benefits, is being adopted by commodity trading organisations. Their tech landscape is definitely changing – and fast! Organisations are switching from on-premise commodity trading and risk management solutions to cloud-based systems.
The asset management leaders of tomorrow need to adopt new skills in order to develop a competitive advantage, in an environment where it is predicted one-quarter of fund firms risk becoming unprofitable by 2028, according to research carried out by Investment Week.
It’s been 15 months now since MiFID II was introduced. With the dual aim of firstly, improving the markets’ competitiveness by creating a single market for investment services and secondly, ensuring a high degree of harmonised protection for investors in financial instruments – it aims to ensure all EU member states share a common, robust regulatory ...
By: Digiterre
Category: Industry Insights/ People BlogDate: 29/03/19
The 43 police forces in the UK face a multitude of challenges. Stressed out from massively reduced budgets – direct government funding is down 30% since 2010 – violent crime is growing again, not to mention rising levels of domestic violence.
We thought it would be helpful to unravel some of the contents of the ‘black box’ which is the UK financial services industry – estimated to be worth well over £176 billion in 2018. (Source: Finance Feeds).
So, the snappily named ‘Markets in Financial Instruments Directive’ has been applicable across the European Union since as long ago as November 2007. It’s basically a cornerstone of the EU’s regulation of financial markets. It does two things essentially: All of MiFID, in summary, aimed to remove barriers to cross-border financial services within Europe ...
By: Digiterre
Category: Industry Insights/ News and EventsDate: 20/12/18
We no longer have a risk-based regulation. What we have is regulation based risk management and what we need to effectively address this see-change in the regulatory landscape, and to run our businesses even more effectively – are data architectures which can readily surface a “single view of the truth.”
A survey by the International Energy Agency, the IEA, amongst European energy companies’ last year, revealed that investment in digital transformation to date had been largely hardware-based, focusing on smart meters and electric vehicle charging.
A study this September by analytics database firm Exasol explored how energy companies are becoming more data-centric in their decision-making, but it found that surprisingly still only 17 per cent of energy companies are implementing a data-driven strategy.
Some energy CEOs will see digital as a risk to their business model, but the more visionary ones in the sector will see digital as a route to not just greater efficiencies but new and greater business opportunities.
The public sector should progress citizen engagement and online experiences in a visionary and transformative way, learning from major private sector platforms and pioneering wherever it can and wherever it’s cost-effective to do so. Easier said than done, for sure. However fears over cybersecurity can restrain such large-scale transformation programmes and in turn, limit ...
The ‘Agile’ methodology has swept across the landscape of customised software and digital development for huge numbers of organisations around the globe, gathering momentum especially over the last 15 to 20 years. It can best be described as ‘the ability to create and respond to change in order to succeed in an uncertain and turbulent environment’ (Source: ...